SEC Official Says Investment Advisors Can Use AI for Proxy Votes
The SEC headquarters in Washington, DC.
Photographer: Tierney L. Cross/BloombergInvestment advisers can use artificial intelligence to help them make proxy voting decisions, a Securities and Exchange Commission official said.
“As advisers grapple with the scale and complexity of proxy voting — especially across large portfolios — AI tools like large language models and agentic AI, offer a compelling opportunity,” Brian Daly, director of the Division of Investment Management, said Thursday in prepared remarks for a New York City Bar Association event.